VOL. XXXIX

No. 52

23-September-1996

QATAR

Qatargas Upstream In Syndication

The $650mn in financing for the upstream portion of the Qatargas project went into syndication on 15 September. Bankers close to the deal say that the results of the sell-down are expected in mid-October, following the signing of a memorandum of confidentiality on the part of interested banks and meetings to advertise the benefits of the project. The coordinating banks are Credit Lyonnais, Societe Generale,...